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JUST IN 🚨: Gold jumps to a new all-time high and has now made fresh all-time highs in 5 consecutive trading sessions
Source: Barchart
60 years of Gold and Silver price spikes.
Source: Rick Rule Rhetoric @RickRuleRulz
The PaxGold stablecoin is tradeable 24/7. On the back of Trump's Tariff announcement, it went parabolic trading above $3,000 at some point...
PAX Gold (PAXG) is a commodity-backed, gold stablecoin issued by Paxos. Each token is backed by 1 fine troy ounce of gold kept in Brink’s vaults managed by Paxos. Source: kucoin
Central Bank Gold Reserves
Interesting thing on this is how even after their big buy-up, Russia & China lag far behind USA + Eurozone holdings of gold. Source: Callum Thomas, Visual Capitalist
Gold is shining: Gold's global market cap to world GDP ratio reached a RECORD 16.7% in 2024.
This ratio has doubled in 10 years and quadrupled since 2001. Nominally, gold’s market value sits near an all-time high of ~$18.5 trillion. This comes as gold as posted an average annual return of +9.5% since 2000, making it one of the best performing major asset classes this century. Since the start of 2024, gold prices have hit 41 all-time highs and are up +33%. Source: The Kobeissi Letter
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